Fd on wife's name

1231 views 34 replies
@ Rashi , I will study it @ jaihari ,The year 2014 would mean financial year 2014-15 , it has been clarified in the instructions to file ITR aswell

Yes jaihari. For FY 2014-15, you have to put 2014 only

Hi,

 

I prepared my return and I have to pay around tax INR 18292/- as follows

18000/-     @ 30%
 + 168/- interest   u/s 234A
 + 124/- interest   u/s 234A

= INR 18292/-

My question is where to put INR 5000/- which I received as refund in my original returns?

If I put in B3 (Income from other sources) I have to pay tax @ 30% on this INR 5000/- refund

Can someone help?

 

or Should I deduct this INR 5K from total TDS from F.16 in TDS.1?

Will it get processed as F.16 amount may not match when IT does verification, right?

 

 

 

 

 

Kindly check the interest, it should not be u/s 234A , it should be u/s 234 B & C

Nope, refund is not your income. You do not need to consider that.

Or you can have it reviewed it.

 

Yes, you are correct. Here is my coputation (revised)

/editor_upload/1241613_20150824075458_itr_revised_01.jpg

/editor_upload/1241613_20150824075428_itr_revised_02.jpg

 

So I have to pay around 60K now.   But question remains same what to do with INR 5000/- which I received as refund in my original return?

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details